Browsing: Benefits

Q. My mom just passed on. She was receiving a disability annuity. When we checked with OPM, we were shocked to find out they had taken all of her retirement contributions and used it for her disability payments. Is this really what happened? A. In all likelihood, yes. Annuity payments to retirees — whether regular or disability — initially come from the contributions employees made to the retirement system while they were working. Only when that money runs out does the government begin making those payments out of the retirement fund. A retiree who worked full time for an entire…

Q. I just received my 2016 personal statement of benefits from the U.S. Postal Service and my date of retirement eligibility is Feb. 10, 2019.. I’ll be 56 the next day, which is my minimum age of retirement. My total creditable service will be 29 years and five months. Do I get full retirement benefits, annuity, and a Social Security supplement or MRA + 10, since my creditable service is under 30 years?

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